Modelling test (2–4 hours, often take-home) — build a model from a case pack
4
Business case / presentation (60 min) — present findings from the modelling test
5
Behavioural / fit round (45 min) — stakeholder scenarios, working style
Note: Investment banking and private equity interviews often include brain teasers, paper LBO models, and rapid-fire accounting questions. Practise these specifically if applying to IB/PE. FP&A roles at corporates rarely test at this intensity.
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About this role
Finance interviews test both technical precision and commercial judgment. The technical components vary by sub-discipline: corporate finance and FP&A interviews focus on financial modelling, variance analysis, and planning processes; investment banking and private equity interviews include intensive modelling tests and valuation questions; management accounting roles weight process knowledge and business partnering skill. Know which lane you're in.
Finance interviews test both technical precision and commercial judgment. The technical components vary by sub-discipline: corporate finance and FP&A interviews focus on financial modelling, variance analysis, and planning processes; investment banking and private equity interviews include intensive modelling tests and valuation questions; management accounting roles weight process knowledge and business partnering skill. Know which lane you're in.
The technical floor is non-negotiable: you must be able to walk through a DCF, explain how the three financial statements connect, and answer accounting questions with precision. But the differentiating quality at every level above entry is the ability to turn numbers into a narrative — to tell a stakeholder what the analysis means for a decision they need to make, in plain language, without making them feel like they need a CPA.
Finance interviewers pay particular attention to how you talk about errors and uncertainty. They want to see that you flag risks and assumptions clearly, not bury them. A candidate who says "I built this model, but the terminal value assumption is carrying 70% of the valuation and it's sensitive to GDP growth — here's the sensitivity table" is more credible than one who presents a number as if it's fact.